Galxe, a cryptocurrency platform, has announced that it will refund affected users following a DNS attack. The refund amounts to $396,000. Additionally, Galxe has unveiled a comprehensive Fund Recovery Plan to reimburse affected users and enhance security measures after the breach. In a separate incident, Stars Arena, a social application on the Arbitrum network, experienced a surge in new users and captured approximately $215,000 in fees after being mentioned in an official tweet by Arbitrum. Stars Arena also reported that it has recovered almost all of the funds stolen in an earlier exploit, with the exploiter agreeing to a 10% bounty. The Avalanche-based SocialFi app is working to reduce the remaining $3 million hole to $300,000 by the end of the month.
Stars Arena Announces That It Recovered Most of the Stolen Funds After the Attack https://t.co/Io7yFdOrvi
DeSo protocol Stars Arena said it’s recovered nearly all funds stolen in an earlier exploit after the exploiter agreed to a 10% bounty. https://t.co/mZOBPbX2em
The StarsArena hacker https://t.co/K5vvMTxn1C
BREAKING Avalanche-based SocialFi app @starsarenacom has recovered 90% of the assets stolen in a reentrancy attack on October 7. The exploiter retained a 10% bounty. Read more: https://t.co/ykrGFXdGOL https://t.co/AWuIbTWh5d
Galxe unveils a comprehensive Fund Recovery Plan to reimburse affected users and bolster security following last week's DNS breach. https://t.co/lwLyiihmZW
ICYMI: Galxe announces $396,000 refund to affected users following DNS attack https://t.co/YJEAGvAEmf
The entity behind the @starsarenacom exploit says they want to cooperate, according to on-chain data. @thesamreynolds reports https://t.co/rpiGM0kENT
AVAX doing its best to reduce the $3m Stars Arena hole to $300k by the end of the month
Galxe Announces That It Will Refund Affected Users Following the Attack on the Platform https://t.co/uH9kZCbzyn
After being forwarded by Arbitrum’s official tweet, CipherRIP, a friend tech-like social application on the Arbitrum, had an influx of 14,468 new users on October 10, accounting for 75.6% of the total users. CipherRIP captured about $215k in fees on the same day; the current… https://t.co/WSdvLH9TJf
Galxe announces $396,000 refund to affected users following DNS attack https://t.co/mucBpRsWzW
🔍 Unveiling the chaos of the recent Stars Arena Attack. Our team conducted a thorough analysis and uncovered the intricate details of this $2.9M attack. Full analysis 👇 https://t.co/2BOzDmH5e2
Galxe is grateful to its users for standing with it. https://t.co/NLeKobGnru